Invoice2go vs Xero

Invoice2go vs Xero

Estimates, time and expense tracking and customizable layouts are all provided by invoicing software such as Xero and Invoice2go. In addition to providing customized templates with integrated logo design, Xero enhances branding. Recurring billing automation is available with Invoice2go but only at the Premium level. Xero manages user roles and permissions and is appropriate for service-oriented businesses.

The pricing comparison between Xero and Invoice2go shows divergent value propositions. While Xero offers premium plans starting at $20/month and going up to $80/month, Invoice2go offers more affordable plans starting at $5.99/month and going up to $39.99/month.

While Xero targets expanding companies needing full accounting capabilities, Invoice2go targets independent contractors and small businesses looking for reasonably priced invoicing solutions. Xero charges standard gateway fees without providing any special information while Invoice2go offers clear tiered rates.

Invoice2go is affordable for expanding teams without raising expenses because it provides unlimited team members and clients on all plans. However, collaborative environments may face scaling issues due to Xero’s user limitations.

While Invoice2go concentrates on core invoicing integrations with QuickBooks and CRM platforms like HubSpot and HaystackCRM, offering custom integration possibilities for businesses, Xero offers superior integration capabilities with broader accounting software compatibility and multiple CRM integrations.

Invoice2go offers 24-hour support Monday through Saturday on Premium plans while Xero offers 24/7 online customer support for all plans. The user interfaces of both platforms are easy to use with Xero being regarded as one of the most intuitive accounting programs.

Pre-built and custom financial reports are available from both Invoice2go and Xero. However, Invoice2go only offers advanced reports at the Professional and Premium tiers while Xero offers more complex reporting.

Side-by-Side Comparison

Invoice2go Xero
Core Features
Custom Templates Multiple customizable templates with logo design Customizable invoice templates with branding alignment
Send Estimates/Quotations Yes Yes
Recurring Billing Automation Yes (Premium plan only) Yes
Expense Tracking Yes Yes
Time Tracking Yes Yes
Mileage Tracking No Yes
Automated Payment Reminders Yes Yes
Project-Based Billing Yes Yes
Tax Handling Yes Yes
User Permissions/Role Management Yes (unlimited team members) Yes
File Uploads Yes Yes
Pricing and Plans
Free Plan Availability No No
Pricing Range Starter: $5.99/month
Professional: $9.99/month
Premium: $39.99/month
Early: $20/month
Growing: $47/month
Established: $80/month
Trial Period 30 days free trial 30-day free trial available
User Limits Unlimited team members on all plans Varies by plan – Early plan supports basic users
Client Limits Unlimited on all plans Plan-specific limits
Storage Limits Not specified No specific limits mentioned
Payment Processing Fees Starter: 3.5%
Professional: 3.0%
Premium: 2.9% + 30¢
Standard payment gateway fees apply
Ease of Use
User Interface Simple Simple – One of the most user-friendly accounting solutions
Onboarding Experience Yes Yes
Mobile App Availability Both iOS and Android Available for iOS and Android
Mobile App Functionality Full invoicing, time tracking, payment management Core invoicing and accounting features supported
Integration
Payment Gateways Supported Stripe, PayPal, Square, credit/debit cards Multiple gateways including Stripe, PayPal, GoCardless
Accounting Software Compatibility QuickBooks, Xero integration (Professional and Premium) Yes – Broader range of integration options than many competitors
CRM Integration HubSpot CRM, HaystackCRM Multiple CRM integrations available
API Availability Yes Yes
Reporting & Analytics
Bank Connections Yes (Invoice2go Money Banking) Yes
Pre-Built Financial Reports Yes (Advanced reports on Professional and Premium) Yes
Custom Report Creation Yes Yes
Security & Compliance
Dashboard Metrics Yes Yes
Data Encryption Yes Yes
GDPR Compliance Yes Yes
Backup Options Automatic Automatic – Cloud-based backup system
Customer Support
Support Channels Email, Phone (Premium plan) 24/7 online support
Help Center/Knowledge Base Yes Yes
24/7 Support 24-hour support Mon–Sat (Premium plan) Yes
Adaptability
Multi-Currency Support Yes Yes
Localization Yes Yes
Industry-Specific Customization Yes Yes
Scalability Freelancers to Medium Businesses Freelancers to SMBs – Designed for small businesses and solopreneurs with room to grow
Read Invoice2go Review Read Xero Review
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Disclaimer: The reviews on InvoiceMojo are independently researched and not influenced by software vendors. While we strive to provide accurate, unbiased information, readers should conduct their own due diligence before making purchasing decisions. We may earn affiliate commissions from some links at no additional cost to you.
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